Attock Petroleum Limited (PSX:APL) has reported its annual financial results for the year ending June 30, 2024.

The company reported a net income of Rs. 111.1 per share and declared a total cash dividend of Rs. 27.5 per share.

On an annual basis, revenue increased by 11%, while gross profit decreased by 15%. Profit before tax rose by 12%, primarily due to a significant increase in finance income, which was 2.85 times higher than the previous year. The profit after tax increased by 11%. The tax rate remained steady at 39%, consistent with the previous year.